5W Public Relations Named Agency of Record for Mega Media Group 8/18/2006
Russian and Mainstream Entertainment Group Taps 5W Public Relations for Strategic Media and Investor Relations Program
NEW YORK, Aug 18, 2006 /PRNewswire via COMTEX News Network/ -- 5W Public Relations, the nation's fastest growing PR firm for the past two years, announced today the signing of Mega Media Group (www.megamediagroup.com), a Russian and mainstream entertainment media company for public and investor relations.
In addition Mega Media Group, Inc. and EduLink, Inc. (PK: MYIQ) also announced that on August 11th a definitive share exchange agreement was reached in which EduLink, Inc. acquired all the outstanding shares of common stock of Mega Media Group, Inc. in exchange for the issuance to the shareholders of Mega Media Group, Inc. upon the increase in the authorized shares of common stock OF Edulink, Inc., of a total number of shares of EduLink common stock which equates to 90% of EduLink's issued and outstanding shares of common stock upon completion of the transaction.
Upon the issuance of the Edulink shares set forth above, Mega Media Group, Inc. will become a wholly-owned subsidiary of EduLink.
Mega Media Group's holdings offer a broad range of services, including talent management, music publishing, recording, music production and distribution, video production, radio broadcasting, and Russian ethnic programming, including Radio VSE, the most listened to Russian radio station outside of Russia and New York's 88.7 FM. With the explosion of the Russian American marketplace over the last decade, Mega Media Group's expertise in that space has made them the leader in helping corporate America reach this market.
"We are excited to be working with Mega Media Group to both implement a comprehensive financial communications strategy as well as an aggressive media strategy designed to both elevate the company corporate profile," said Ronn Torossian, President & CEO, 5W Public Relations. "Our tremendous experience in both the entertainment and niche marketing community makes this an ideal account for the firm."
Commenting on the announcement, Alex Shvarts, Chief Executive Officer of Mega Media Group, Inc., "5W's aggressive media and investor relations strategies will be of tremendous value as we look to grow our company and its subsidiaries. We are confident that they have the know how to get our company in front of decision makers in both the marketing and investment community.
ABOUT 5W PUBLIC RELATIONS
Headquartered in New York, with an office in Los Angeles, 5W Public Relations (www.5wpr.com), the nation's fastest growing independent PR firm for 2005 & 2004, maintains practice areas specializing in technology, corporate, consumer, entertainment, crisis communications, Investor Relations, event management and public affairs. Described by a leading PR trade magazine as "aggressive in a way that clearly resonates with clients looking for a firm staffed with type A-plus personalities, a BS-free approach, and results from Day One," 5W's culture is aggressive, energetic, fast-paced and focused. The Company boasts a diversified client roster second to none, including: Fortune 500 mainstay EDS, Evian Natural Spring Water, NICE Systems, VeriSign, McDonald's Corporation, Restaurant Associates/Patina, the nation's largest multi-concept restaurant group, The HealthCentral Network, 530 store retail chain United Retail Group/Avenue Stores, Seagram's Coolers, Benny Hinn Ministries, The Pritikin Longevity Center & Spa, Lassie, the world's most famous dog, celebrities including NBA Star Jalen Rose, Lil' Kim, Ice Cube, Nick Cannon and producer Scott Storch, a plethora of publicly traded technology companies, and a variety of other global interests, national corporations, high-profile individuals, regional businesses, government agencies and academic institutions. The agency was named "Boutique Agency of The Year" by a leading PR Trade Magazine.
Contact:
Neil Steinberg - PR 5W Public Relations 212.999.5585 x 209 nsteinberg*5wpr.com
Mark Cohen - IR 5W Public Relations 212.999.5585 x 244 mcohen*5wpr.com
SOURCE 5W Public Relations Neil Steinberg - PR 5W Public Relations, +1-212-999-5585 ext. 209, nsteinberg*5wpr.com, or Mark Cohen - IR 5W Public Relations, +1-212-999-5585 ext. 244, mcohen*5wpr.com http://www.prnewswire.com Copyright (C) 2006 PR Newswire. All rights reserved.
Posted by ctguy13 on :
Nice news!!!
Posted by ctguy13 on :
.0012 and rising!!
Posted by ctguy13 on :
Is this a reverse merger?
Posted by ctguy13 on :
up 100% today!!
Posted by ctguy13 on :
120% now
Posted by ctguy13 on :
MYIQ is getting some late day action!!!
Posted by J_U_ICE on :
moving again
Posted by DJM on :
EduLink, Inc. Closes $1.5 Million Stock Purchase Agreement
By PR Newswire Last Update: 8/23/2006 5:15:45 PM Data provided by
NEW YORK, Aug 23, 2006 /PRNewswire via COMTEX/ -- EduLink, Inc. (OTC: MYIQ.PK) announced today that it has closed a $1.5 million stock purchase agreement. The Company received an initial investment upon closing and will receive the balance in three additional tranches over the next several months.
EduLink is the parent company of Mega Media Group, Inc. Mega Media Group's holdings offer a broad range of services, including talent management, music publishing, recording, music production and distribution, video production, radio broadcasting, and Russian ethnic programming, including Radio VSE (87.7 FM), the most listened to Russian radio station outside of Russia. With the explosion of the Russian American marketplace over the last decade, Mega Media Group's experience in that space has made them a leader in helping corporate America reach this market.
Commenting on the announcement, Alex Shvarts, Chief Executive Officer of Mega Media Group, Inc., stated, "This funding will provide us with the necessary capital to execute our business plan and to explore strategic development opportunities that will create additional revenue and profit streams for the company."
About EduLink, Inc.
EduLink operates its business through its wholly-owned subsidiary, Mega Media Group, Inc., which is a multi-media holding company operating its business through its subsidiaries, Mega Media Studios, Inc., Mega Media Records, Inc. d/b/a Skeleton Key Entertainment, Mega Media Film, Inc., Mega Media Sports Entertainment, Inc. and Echo Broadcasting Group, Inc. Mega Media Group focuses its business in mainstream entertainment and media and Russian ethnic media. These subsidiaries offer a broad range of services, including talent management, music publishing, recording, music production and distribution, video production and distribution, radio broadcasting and Russian ethnic programming.